Advertisement

Ads Placeholder
Loading...

Mangal Electrical Industries Ltd.

MEIL.NS•NSE
Industrials
Electrical Equipment & Parts
₹252.97
₹-3.07(-1.20%)
Indian Market opens in 1h 36m

Mangal Electrical Industries Ltd. (MEIL.NS) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Mangal Electrical Industries Ltd. (NSE:MEIL.NS).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

MEIL.NS Technical Analysis Summary

Mangal Electrical Industries Ltd. stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 54.95)
Trend Strength:Moderate (ADX: 28.38)
Volatility:High (ATR: 13.78)
Support/Resistance:$212.17 – $260.36 (Bollinger Bands)

Technical conditions suggest Mangal Electrical Industries Ltd. is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 54.95

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 83.30

Bearish
Overbought levels may trigger pullback.

Williams %R: -16.56

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 4.55

Bullish
Steady upward momentum.

Takeaway:Mangal Electrical Industries Ltd. shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 0.45

Bullish
Bullish, trend momentum is strengthening.

ADX: 28.38

Moderate
Moderate trend, direction gaining strength.

ATR (14): 13.78

Rising
Rising volatility, market activity increasing.

CCI (14): 90.78

Bullish
Bullish, momentum building upward.

Takeaway:Mangal Electrical Industries Ltd. shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$260.36
Middle Band (SMA 20)
$236.26
Lower Band
$212.17
Current Position
Within Bands

Takeaway:Mangal Electrical Industries Ltd. trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$269.29
Middle Line (EMA 20)
$241.72
Lower Channel
$214.16
Squeeze Status
Squeeze On

Takeaway:Mangal Electrical Industries Ltd. trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-2.07M
Money Flow Index54.14Neutral, balanced money flows with no clear signal.
Relative Vigor Index56.02Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:MEIL.NS shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Mangal Electrical Industries Ltd., here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

No significant bearish signals detected.

Overall Recommendation:Technical indicators for Mangal Electrical Industries Ltd. are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ